1、SALES CONTRACT S/C No.:GH361 Date:Dec.7th,2023 Signed at:Shanghai Sellers:SHANGHAI IMP&EXP CO.,LTD Address:101 ZHONGSHAN ROAD SHANGHAI,CHINA Tel:+86-21-83859621 Fax:+86-21-87655699 Buyers:BRITISH ROYAL CO.,LTD.Address:22 wellington Street LONDON,ENGLAND Tel:+44-03-2956312 Fax:+44-03-2956313 The sell
2、er agrees to sell and the buyer agrees to buy the under mentioned goods on the terms and conditions stated below.Marks Description&Specification Quality Unit Price and trade terms Amount No.GH361 BRCO.LONDON 1-120 Mens T-shirt 55%TERYLENE 45%COTTON Large(L)Medium(M)Small(S)2023 pieces 3000 pieces 10
3、00 pieces CIFC3 LONDON USD 10 PER PIECE USD 10 PER PIECE USD 10 PER PIECE USD20230.00 USD30000.00 USD10000.00-C3 USD1800.00 TOTAL:6000 pieces USD58200.00 1.TOTAL AMOUNT:SAY U.S.DOLLARS FIFTY EIGHT THOUSAND AND TWO HUNDRED ONLY.2.Packing:Each piece in a ploy-bag,12 ploy-bag in a box and 50 boxes to a
4、 carton.3.Time of shipment:To be effected on or before Dec.31th,2023.Partial shipment and transshipment are allowed.4.Port of Loading&Destination:Shipment from Shanghai to London.5.Insurance:The seller shall cover insurance against All risks and war risks for 110%of the total invoice value as per th
5、e relevant ocean marine cargo clause of P.I.C.C.dated JAN.1st,1981.6.Terms of Delivery:By confirmed and transferable L/C to be available by sight draft to reach the sellers before Dec.25th,2023 and to remain valid for negotiation in China until 15 days after the aforesaid time of shipment.7.Document
6、s:The Seller shall present the following documents required to the bank for negotiation:1)Full set of clean on board Ocean/Combined Transportation/Land Bills of Lading and blank endorsed marked freight prepaid notifying appliant;2)Signed commercial invoice in 4 copies indicating Contract No.,L/C No.
7、and shipping marks;3)Packing list/weight memo in 3 copies issued by seller;4)Certificate of Quality in 2 copies issued by SGS;5)Insurance policy/certificate in 3 copies(Terms of CIF);6)Certificate of Origin in 2 copies issued by CIQ;8.Inspections:The Seller shall have the goods inspected by 15 days
8、before the shipment and have the Inspection Certificate issued by SGS.9.Terms of Payment:The Buyer shall 30 days prior to the time of shipment after this Contract comes into effect,open an L/C in favor of the Seller.The L/C shall expire 15 days after the completion of loading of the shipment as stip
9、ulated.10.Claim:The buyer shall make a claim against the Seller(including replacement of the goods)by the further inspection certificate and all the expenses incurred therefrom shall be borne by the Seller.The claims mentioned above shall be regarded as being accepted if the Seller fail to reply wit
10、hin 10 days after the Seller received the Buyers claim.11.Late delivery and Penalty:Should the Seller fail to make delivery on time as stipulated in the Contract,with the exception of Force Majeure causes specified in Clause 13 of this Contract,the Buyer shall agree to postpone the delivery on the c
11、ondition that the Seller agree to pay a penalty which shall be deducted by the paying bank from the payment under negotiation.The rate of penalty is charged at 1%for every 7 days,odd days less than 7 days should be counted as 7 days.But the penalty,however,shall not exceed 5%of the total value of th
12、e goods involved in the delayed delivery.In case the Seller fail to make delivery 10 days later than the time of shipment stipulated in the Contract,the Buyer shall have the right to cancel the Contract and the Seller,in spite of the cancellation,shall nevertheless pay the aforesaid penalty to the B
13、uyer without delay.The buyer shall have the right to lodge a claim against the Seller for the losses sustained if any.12.Force Majeure:The Seller shall not be responsible for the delay of shipment or non-delivery of the goods due to Force Majeure,which might occur during the process of manufacturing
14、 or in the course of loading or transit.The Seller shall advise the Buyer immediately of the occurrence mentioned above and within 3 days thereafter the Seller shall send a notice by courier to the Buyer for their acceptance of a certificate of the accident issued by the local chamber of commerce un
15、der whose jurisdiction the accident occurs as evidence thereof.Under such circumstances the Seller,however,are still under the obligation to take all necessary measures to hasten the delivery of the goods.In case the accident lasts for more than 10 days the Buyer shall have the right to cancel the C
16、ontract.13.Arbitration:Any dispute arising from or in connection with the Contract shall be settled through friendly negotiation.In case no settlement is reached,the dispute shall be submitted to China International Economic and trade Arbitration Commission(CIETAC),SHANGHAI Commission for arbitration in accordance with its rules in effect at the time of applying for arbitration.The arbitration award is final and binding upon both parties.Sellers:SHANGHAI IMP&EXP CO.,LTD Buyer:BRITISH ROYAL CO.,LTD.Signature:Signature: